Q1 2023 Financial Performance
11
Q1 2023 vs. Q1 2022 Financial Performance
($M, Excluding EPS)
Orders
Revenue
Up 9%; Up 13% ex-FX
Up 22%; Up 26% ex-FX
Adj. EBITDA & Margin¹
Up 32%
Adj. Diluted EPS2
Up $0.16
$1,777
$0.65
$1,630
Q1 2022
Q1 2023
$1,337
$400
$1,629
$304
24.6%
$0.49
22.7%
Q1 2022
Q1 2023
Adj. EBITDA Margin Expansion
ITS
240 bps
PST
170 bps
Total IR
190 bps
Q1 2022
Q1 2023
Adj. EBITDA includes $15M of
FX headwinds as compared to
prior year
Book to Bill of 1.09x
Backlog up -15% YoY and ~10% QoQ
1 Non-GAAP measure (definitions and/or reconciliations in appendix). 2 Adjusted Diluted EPS defined as (Adjusted Net Income attributable to Ingersoll Rand) / (Diluted Average Shares Outstanding).
•
Q1 2022
Q1 2023
Adj. Diluted EPS 1,2 growth of
33%
(ÍR)
Ingersoll RandView entire presentation